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By Lorraine Woellert, Bloomberg |
May 23, 2013
Builders sold more U.S. new homes than projected in April as cheaper borrowing costs and job gains drew more buyers into the market.
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By Lorraine Woellert, Bloomberg |
May 16, 2013
Starts of new U.S. homes fell more than forecast in April to a five-month low, indicating a pause in the industry’s progress as builders slowed work on apartments. Building permits surged to an almost five-year high.
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By Lorraine Woellert, Bloomberg |
May 15, 2013
Confidence among U.S. homebuilders improved in May for the first time in five months as buyers rush to take advantage of near record-low mortgage rates.
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By Joe Richter and Marina Sysoyeva, Bloomberg |
April 30, 2013
North American mills are sawing lumber at the fastest pace in six years after a recovering U.S. housing market, a beetle infestation in Canada and increasing Chinese demand drove the biggest price surge in two decades.
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By Alex Kowalski, Bloomberg |
April 23, 2013
Purchases of new U.S. homes rose in March, capping the best quarter for the industry since 2008 and providing more evidence the housing recovery will be sustained.
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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
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By Alex Kowalski, Bloomberg |
April 16, 2013
New-home construction in the U.S. climbed in March to the highest level in almost five years, propelled by a surge in multifamily building that will support economic growth.
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By Donal Griffin, Bloomberg |
April 15, 2013
Citigroup Inc., the third-biggest U.S. bank, rose in New York trading after first-quarter profit and revenue from fixed-income trading and investment banking exceeded analysts’ estimates.
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By Alex Kowalski, Bloomberg |
April 15, 2013
Confidence among U.S. homebuilders unexpectedly fell in April for a third month, restrained by rising costs for materials and financing restrictions.
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By Lorraine Woellert, Bloomberg |
March 18, 2013
Confidence among U.S. homebuilders unexpectedly fell for a second month in March, a sign the residential real-estate market will take time to strengthen.
